Cryptocurrency Q&A
When will the króna exchange rate be fixed in Iceland?
When will the króna exchange rate be fixed in Iceland?
Daniele
Wed Feb 19 2025
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I'm wondering about the króna exchange rate in Iceland. Specifically, I want to know when it will be fixed. Could someone please provide me with information on this matter?
5 answers
Giuseppe
Fri Feb 21 2025
Once the reference exchange rate is determined, it will be promptly published on the Central Bank of Iceland's official website.
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Carlo
Fri Feb 21 2025
Starting from August 31, 2020, the Central Bank of Iceland has implemented a new policy regarding the official reference exchange rate of the króna.
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Isabella
Fri Feb 21 2025
According to this policy, the reference exchange rate will be fixed at 14:15 hours Central European Time (CET) each day.
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isabella_oliver_musician
Fri Feb 21 2025
This practice aligns with the procedures followed by Iceland's neighbouring countries, indicating a move towards standardization in currency exchange regulations.
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ethan_harrison_chef
Thu Feb 20 2025
The publication of the reference exchange rate occurs each business day at 16:00 hours, ensuring timely access to this crucial financial information.
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